Micro and Macro Business Environment | Assignment

Added on - 22 Nov 2020

  • 7

    Pages

  • 1369

    Words

  • 17

    Views

  • 0

    Downloads

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 3 of 7 pages
Context of business
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Micro and macro environmental factors which are changed modern business...........................1Importance of individual and organisation to manage and behave ethically..............................3CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................5
INTRODUCTIONA business is defined as an organisation where goods and services are exchanged for earnmoney for improve their effective and valuable changes (Hogan, Norton and Reynolds, 2018).The report will show the dynamic changes and nature of the company about the global issues. Itoperates the worldwide and provides services to their customers. It also the external and internalfactors that are affected to the company's process and activities.MAIN BODYMicro and macro environmental factors which are changed modern business.Micro factorThis factor is affect to the business in negative way as well as the positive because of thecompany is operating, capacity and financial resources. These factors are mentioned below:customersThey are effective and important part of the organisation and business. They are play animportant role to achieve the goal of company. For example: Burberry is use and adopt the beststrategies which help to keep attracting the customers towards the company and its services. Likemanagement use the pricing and technology use for the making attractive packaging of products.By these customers are attracted towards that and its help to increased the sales of company.Packaging of product and some changes in existing products help for changed modern businessand its activities. Nowadays peoples are more modern and want effective and modern products.This help to make effective global presence of the product at their local and international level. Itis effective and best for company for make global environment (Ropes and van Kleef, 2019).EmployeesEmployees are best and important part of the organisation they are give their hardcontribution to achieve work goal and effective image of the company. Their skill and goodsbehaviour are help to training and development process at hire level. This will helpful andprovide the best opportunities to an organisation or business for sustain it in the market and alsoat global presences. For example; tesco is use the online sources for their recruitment andselection process for hire the best and eligible candidates for work and vacant place atorganisation. Management is also provided the on the job training to their employees for best1
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document